By Tasha Cunningham
My article in this week’s Business Monday provided insight into how South Florida entrepreneurs are using crowdfunding to fund their business ventures – or even launching sites of their own. In addition to the sites mentioned in the article, we’ve compiled a list of four more that could help you realize your dream or fund your cause.
CrowdRise – If you want to raise money for a charity project, you might be interested in CrowdRise, a site for 501(c)(3) charities to raise money. It’s unique because anyone can sign up to volunteer to launch a fundraising campaign for a charity already registered on the site, creating instant social entrepreneurs in the process. Check it out here – www.crowdrise.com
Tip – Use crowdfunding to gauge public support for a project. Are people enthusiastic about your idea? Crowdfunding is a great way to test the waters and determine whether your project is viable. Remember that a major component of any successful crowdfunding campaign is promotion. Whether you’re raising money for a cause or a business venture, it’s important to aggressively market what you’re doing.
StartSomeGood – This is another crowdfunding site for charities. Projects range from books and films to environmental programs and volunteer opportunities. Find out more here – www.startsomegood.com
Tip – When you decide on a project or business you’d like to start using crowdfunding, be sure to check out who else is out there doing what you do. Find out if there are other projects similar to yours that have been crowdfunded. Reach out to those in charge of the project and talk to them about their experiences in crowdfunding. This will give you a good idea of what you will be up against.
RocketHub – This is a crowdfunding platform for just about anything creative. It is a free to launch a project and you get to keep the funds you raise regardless of whether or not you reach your fundraising goal. Check it out here – www.rockethub.com.
Tip –Just because your project didn’t get fully funded the first time around, it doesn’t mean you can’t improve and come back again. Poll the crowd, talk to your backers and find out what people liked and didn’t like about your product or service. Keep in touch with your backers and keep them informed about the progress you’re making and create opportunities to get feedback from them along the way.
Ideame – This Latin America-focused crowdfunding site aims to help creators, such as artists, NGOs, social entrepreneurs and startups, connect with funders. Projects from the U.S. are welcome. Check it out here, particularly if your project is focused on the Latin American marketplace — www.idea.me